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LANXESS in the MSCI Germany Standard and MSCI Germany Mid Cap Indices as of December 2010 - Following a semi-annual review, specialty chemicals group LANXESS has been included in two of the highly-renowned indices of the global investment tools provider MSCI
LANXESS in the MSCI Germany Standard and MSCI Germany Mid Cap Indices as of December 2010

 

PRZOOM - /newswire/ - Leverkusen, Germany, 2010/11/12 - Following a semi-annual review, specialty chemicals group LANXESS has been included in two of the highly-renowned indices of the global investment tools provider MSCI. FRA: DE Frankfurt: LXS

   
 
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LANXESS stock will be listed in the MSCI Germany Standard Index (large and medium-sized companies) and the Germany Mid Cap Index (medium-sized companies) as of December 1, 2010.

The MSCI Germany Standard Index will then have 54 companies, while the Germany Mid Cap Index will have 24 companies. The MSCI indices are used by institutional investors as benchmarks for their equity portfolios.

“We are pleased to be part of these very important indices and regard our inclusion as an acknowledgement of the Group’s successful development in recent years,” said LANXESS Chief Financial Officer Matthias Zachert.

The LANXESS stock has risen more than 80 percent between January 1 and November 11, 2010.

New York-based MSCI Inc. is a leading provider of investment decision support tools to investors globally. MSCI products and services include indices, portfolio risk and performance analytics, and governance tools. One of the company’s flagship product offerings is the MSCI indices, which include over 120,000 daily indices covering more than 70 countries.

LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 5.06 billion in 2009 and currently around 14,500 employees in 23 countries. The company is represented at 42 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.

Contact
Rudolf Eickeler, Spokesperson Financial and Business Media
T: +49 214 30 40483 / F: +49 214 30 50691 / E: rudolf.eickeler[.]lanxess.com.

 
 
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Agency / Source: LANXESS

 
 

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LANXESS in the MSCI Germany Standard and MSCI Germany Mid Cap Indices as of December 2010

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LANXESS |
Contact: Daniel Smith - LANXESS.com 
+49 214 30-75179 daniel-alexander.smith[.]lanxess.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any LANXESS securities in any jurisdiction including any other companies listed or named in this release.

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